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162 Lakeside Avenue, Redlands, California 92373, Redlands, 92373 - 3 bed, 3 bath

162 Lakeside Avenue, Redlands, California 92373 home-pic-0
ACTIVE$828,000
162 Lakeside Avenue, Redlands, California 92373
3Beds
3Baths
2,068Sqft
10,000Lot

Price Vs. Estimate

The estimated value ($794,733.47) is $33,266.53 (4%) lower than the list price ($828,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10000, living area = 2068.
Top Cons:
Potential Overpricing: The current list price of $828,000 is 6% above the estimated property value of $776,792, suggesting it may be priced higher than market expectations.

Compared to the nearby listings

Price:$828.0K vs avg $822.0K (+$6,000)51%
Size:2,068 sqft vs avg 2,090 sqft50%
Price/sqft:$400 vs avg $38856%

More Insights

Built in 1979 (46 years old).
Condition: Built in 1979, this home has undergone significant recent updates, including new vinyl flooring throughout, a remodeled kitchen with new cabinetry, and modern canned and chandelier lighting. The main bathroom vanity is updated with new cabinets and countertops. While largely move-in ready, some elements like the shower tile in the bathroom and the laundry room appear older, indicating a substantial but not complete, top-to-bottom renovation. This aligns with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years, being move-in ready, and having updated components without a full recent renovation.
Year Built
1979
Close
-
List price
$828K
Original List price
$885K
Price/Sqft
$400
HOA
-
Days on market
-
Sold On
-
MLS number
OC25131810
Home ConditionGood
Features
Good View: None
Patio
View-

About this home

Charming Redlands home with Expansive Private Backyard and Mountain views. Welcome to 162 Lakeside, a beautifully updated 3 bedroom, 3 bathroom home located in one of Redlands most desirable neighborhoods. Set on a spacious lot with an incredible 10,000 square foot backyard, this property offers a rare blend of privacy, potential, and location. Inside you will find exceptional vinyl flooring looks like real wood flooring throughout, soaring ceilings, canned lighting that brings a warm, modern feel to this rooms. The remodeled kitchen features new cabinetry and opens to the family room, where custom built-ins and new chandelier lighting add character and charm. Enjoy indoor-outdoor living with a lush, landscaped yard complete with a gazebo, perfect for gatherings or quiet mornings. No neighbors directly behind, the backyard feels like your own private retreat, surrounded by greenery and enhanced by snow capped mountain views in the distance. Additional highlights include, a 2 car garage with extra storage space, a separate laundry area and a main level bathroom. Easy walk to top-rated schools, downtown shops, dining and historical charm. Easy access to freeways and proximity to Lake Arrowhead, Big Bear and the ski resorts. Don't miss this opportunity to own this home in a prime Redlands neighborhood.

Condition Rating
Good
Built in 1979, this home has undergone significant recent updates, including new vinyl flooring throughout, a remodeled kitchen with new cabinetry, and modern canned and chandelier lighting. The main bathroom vanity is updated with new cabinets and countertops. While largely move-in ready, some elements like the shower tile in the bathroom and the laundry room appear older, indicating a substantial but not complete, top-to-bottom renovation. This aligns with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years, being move-in ready, and having updated components without a full recent renovation.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10000, living area = 2068.
Desirable Location & Walkability: Situated in one of Redlands' most sought-after neighborhoods, offering easy walking access to top-rated schools, downtown shops, dining, and historical charm.
Expansive & Private Backyard Oasis: Features an impressive 10,000 sqft lot with a lush, landscaped backyard, gazebo, and no rear neighbors, providing a private retreat with distant mountain views.
Tastefully Updated Interior: Boasts recent renovations including exceptional vinyl flooring, soaring ceilings, modern canned lighting, a remodeled kitchen with new cabinetry, and custom built-ins.
Scenic Mountain Views: The private backyard offers picturesque distant views of snow-capped mountains, enhancing the property's aesthetic appeal and outdoor living experience.
Excellent Accessibility & Recreation: Provides convenient freeway access and close proximity to popular recreational destinations like Lake Arrowhead, Big Bear, and ski resorts.

Cons

Potential Overpricing: The current list price of $828,000 is 6% above the estimated property value of $776,792, suggesting it may be priced higher than market expectations.
Aging Core Structure: Built in 1979, the property's underlying structure is over four decades old, which could lead to unforeseen maintenance or upgrade costs despite recent cosmetic updates.
Lack of Mentioned Cooling System: The property description does not specify the presence of a cooling system (e.g., air conditioning), which could be a significant drawback during warmer months in Redlands.

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